Skip to main content

132 Bn Naira For Nigerian Women Only





 The world recognizes the invaluable role of the Woman in nation building. And this acceptance is supported by countless researches through several years of interest in the themes of women, family and the larger human communities. Unfortunately, many nations have not made investments in women empowerment to match their several-term impacts on the development of their societies.

What women are worth

“A woman is the full circle. Within her is the power to create, nurture and transform.” — Diane Mariechild

“Women hold up half the sky.” — Chinese proverb

“Whatever you do, be different – that was the advice my mother gave me, and I can’t think of better advice for an entrepreneur. If you’re different, you will stand out.” — Anita Roddick

The CBN Policy
 The Central Bank of Nigeria (CBN) launched a Micro, Small and Medium Enterprises Development Fund (MSMEDF) in August 2013. Among other implications, the programme harnesses two elementary factors relevant to the development of Nigeria; one, the factor of the Small and Medium enterprise and, two, the development of Nigerian women.

With a seed capital of N220billion, the programme is set up to reduce the number of Nigerian adults excluded from financial services from 46.3% in 2010 to 20% by 2020. It is however impressive that 60% - N132billion – of this fund is for women who do business. This is in line with a policy of the programme which increases women’s access to financial services by at least 15% annually, to eliminate gender disparity.

Nigeria’s Gender disparity Situation
Hajiya Zainab Maina, former Minister of Women affairs and Social development, in 2014, brought to light some pungent points to explain the gravity of Nigeria’s gender disparity problem.
-          Regardless of their educational qualifications, Nigerian women occupy fewer than 30% of all positions in the public sector and only 17% of senior positions.
-          Women’s economic independence is an essential dimension of women’s empowerment, saying. Improving their access to and control over resources increases investment in human capital, will in turn improve children’s health, nutrition, education and future growth.
-          Though many women are involved in subsistence agriculture and off-farm activities, men are five times more likely than women to own land.
-          Women own 4% of land in the North-East, and just over 10% in the South-East and South-South.
-          60-79% of the rural workforce is women but men are five times more likely to own land.
-          Women occupy 21% of non formal sector positions and only 17 % of this in senior cadre.

The Effect of Empowering Women
Nigeria’s quest to exit the league of poor nations is significantly dependent on the influence of her women. Beyond their renowned role as family builders, there seems to be an inherent commitment to building with the hands. Olufunmilayo Folarinmi of the University of Ibadan Department of Social Work writes that; “Women’s status has received considerable attention as a significant factor affecting demographic behaviour and outcomes in sub-Saharan Africa and in Nigeria particularly”. Hence Koffi Annan’s famous quote applies;
”There is no tool for development more effective than the empowerment of women.”

Comments

Popular posts from this blog

DEAR SME, YOU NEED THE WHATSAPP-FOR-BUSINESS APP

WhatsApp has launched the latest service for Business owners, WhatsApp Business App that is available in US, UK and gradually rolling out to other countries like Italy, India, etc. WhatsApp business app is free to use and currently available from Google Play Store to download on Android devices. THE REGISTRATION INTERFACE Before you start to create the profile for WhatsApp Business, please be aware that the WhatsApp Business is considering as a separate entity. There is no connection between your WhatsApp personal account, with this business account. You can register WhatsApp account with a business number or your existing WhatsApp personal number. If you use your existing personal number for Business registration, your personal WhatsApp profile will convert to the business and all contacts will import to your business profile. At this moment, this app is available for Android users only. Please go ahead and download the WhatsApp Business App from Google Play. You have to enter

What Every Brand Should Include In Their Social Media Guide

 A social media style guide is connected to your brand voice. You want your brand essence to be showcased on social media and other marketing platforms for better brand recognition. Social Media Guide A social media style guide can offer your team concise information about publishing posts, so there’s less room for error. It will also make it easier for you to train new employees. That, in turn, will save both parties time. The less time you waste, the faster you’ll reach your social media goals. In creating your guide, you need to understand what to include in it in the first place. Here’s a list of important elements: 1. Consumer persona: Creating the consumer persona of your target audience is an important exercise for any business. The consumer persona is an exclusive collection of data about your target audience. Including a detailed consumer persona in your social media style guide will allow your team to understand the audience they’re targeting. That will help them customize s

Website Designer Buys Tech Company For $6.8M

Today, we read the story of a Website design company that pulled out $6.8M to buy a tech company and we were blown away with a huge 'WOW'! WordSphere, a website development firm out in California forked out the mad sum of nearly 7M to buy DrupalWare, a tech company known for its software solutions. According to  Stewart Johanson, from WordSphere's  Public Relations department, t he package paid for includes the DrupalWare website, a portfolio of 164 active clients, 6 super specialists, an excellent reputation of delivering top-quality services to clients, along with the entire DrupalWare brand. The 6 specialists acquired immediately transfer into WordSphere's senior DevOps team. Note that DrupalWare's clients include such billion-dollar brands as Pfizer, Tesla Motors, the City of New York and other Fortune 500 companies. Users of its services include names like - wait for it - Nokia, ebay, MacDonald's, The Australian Government, and Havard University, with other